Alessandro Michele staged his first surrealist-tinge couture collection on Wednesday, guests exiting a dire downpour and into dark chasm inside the former stock exchange of Paris.
He entitled the show “Vertigineux”, and one almost suffered vertigo rising through a dramatically stacked row of benches – in near pitch darkness.
A bank of black speakers droned out industrial noises before a giant black theatre curtain. On each seat was a bizarre catalogue of lists: ideas, emotions, fabrics, historic figures, expressions, stitches or fashion expression. Denoting anything that Michele felt when he looked at a particular garment.
The same words appeared in bright red on a giant black background, “like highway signals you don’t want to watch but have to,” Michele explained post-show. In a genius piece of staging, a pixelated one-meter-high number appeared as each model poised center stage.
Opening with a whirling dervish dress in bright harlequin pattern, setting the scene for a moment of theatrical couture. And a great deal of Valentino Garavani’s sense of grandeur: with diaphanous skirts topped by cock feathered tops; dense lace-layered and ruffled dresses; shimmering grand guignol ball gowns; or scalloped sequinned pajamas under micro-plissé cloaks. And of course, a sinful red Valentino chiffon gown, that the founder would have loved.
Michele explaining post-show, that in the house’s archives, he discovered Sir Val’s love of the aristocracy and the Bel Mondo. Arguing that his signature red dress could have come from Renaissance oil paintings “or maybe a Goya image of a Cardinal in red.”
One sensed Michele discovering the crinoline and going a little crazy with the technique. Locating the clothes somewhere between “Gone With The Wind” and a Venetian Ball. But also, between leaving Gucci and joining Valentino, watching a fair few dark and intense Balenciaga shows, whose designer Demna sat front row.
“The show needed that sense of an epiphany where you discover something,” the Valentino couturier opined.
Alessandro’s charming idiosyncratic ideas led to some magnificent looks: a layered chiffon gown with train paired with a swimming costume and sequined bird of fantasy balaclava; a camouflage floral “Wuthering Heights” ballgown, the model with a diabolical hand and foot-long withered fingers; and a golden silk jacquard courtesan’s suit with matching tights and buckled court shoes, the model’s head bedecked with gigantic plumage. One exceptional train looked composed of four-meter-long feathers in a superb visual pun. A quarter of the cast wore hats, skullcaps or berets – in lace, felt, sequins, feathers and jewels.
Classical couture clients might find these clothes tricky to wear, but as an image maker fashion has no one who matches Michele.
The show rising to a crescendo – mixing a soaring soprano with Grischa Lichtenberger’s darkest pulsing sounds, before Michele took his bow.
Yesterday, in the first press conference of the second Trump era in the White House, press secretary Karoline Leavitt insisted that the first questions came from social media influencers and not legacy media. Today in Paris, Michele sat the legacy media in the fourth row – unheard of traditionally – but at least he invited them for a post-show conference, taking his seat on a gilded Louis XV chair, to philosophize about couture.
“Couture is three-dimensional fashion. I don’t own these dresses I just bow before them…. I am not a tailor, maybe not even a couturier. I don’t know how to sew. But haute couture was an extraordinary journey where I learned so much, techniques I never really understood- like intarsia or certain ways of sewing. The other element about couture I loved was time, something people like me don’t have that much of when creating fashion,” he revealed.
Asked to explain the title, Alessandro responded: “Vertigineux, like couture, is a moment when you are afraid to lose yourself but must be stable. Haute couture is an insidious thing. You must know when to stop. I remember when I realized I had thought up a look that contained 350 meters of fabric and that to me was molto surreal!”
Amazon.com is increasing its advertising on billionaire Elon Musk’s social media platform X, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The major shift comes after the e-commerce giant withdrew much of its advertising from the platform more than a year ago due to concerns over hate speech.
In 2023, Apple also pulled all of its advertising from X and has recently been in discussions about testing ads on the platform, the report said.
Several ad agencies, tech and media companies had also suspended advertising on X following Musk’s endorsement of an antisemitic post that falsely accused members of the Jewish community of inciting hatred against white people.
Monthly U.S. ad revenue at social media platform X has declined by at least 55% year-over-year each month since Musk bought the company, formerly known as Twitter, in October 2022. He had acknowledged that an extended boycott by advertisers could bankrupt X.
Musk has become one of the most influential figures following President Donald Trump‘s re-election. He now leads the Department of Government Efficiency, which aims to cut $2 trillion in government spending.
Italian luxury goods group Salvatore Ferragamo said on Thursday its revenue dropped by 4% at constant currencies in the fourth quarter, flagging “encouraging results” from its direct-to-consumer sales which were overall flat in the last three months of the year.
Sales in the North American region, which accounted for 29% of total revenue, were up 6.3% in the quarter. However, the Asia Pacific area saw a 25% drop in revenue at constant exchange rates.
The slowdown in global demand for luxury goods, especially in China, has made the group’s turnaround harder. Overall preliminary revenues reached 1.03 billion euros in 2024, in line with analysts’ estimates, according to an LSEG consensus.
“January shows an acceleration in our DTC channel’s growth, albeit supported by the different timing of the Chinese New Year and a favourable comparison base versus last year”, Chief Executive Marco Gobbetti said in a statement.
Spanish fashion and fragrance company Puig reported a 14.3% rise in fourth-quarter sales on Thursday, beating analyst expectations for the key holiday period.
The Barcelona-based company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier said net sales for the three months to Dec. 31 were 1.36 billion euros ($1.42 billion), above the 1.30 billion euro average forecast from analysts polled by LSEG.
Puig, which generates most of its revenue from fragrance sales, is heavily reliant on the holiday season, with analysts estimating that nearly half of its prestige perfumes are sold in the quarter that includes Black Friday and Christmas.
The company, which also owns luxury skincare and make-up brands Byredo and Charlotte Tilbury, said full-year sales reached 4.79 billion euros ($4.99 billion), up 11% from 2023, surpassing its goal of increasing sales faster than the 6-7% forecast for the global premium beauty market.
The average of analyst estimates was for sales of 4.72 billion euros in 2024, given that it is less exposed to sluggish demand in China and that more than half of Puig’s revenue comes from Europe, the Middle East and Africa while 18% comes from the United States.
The 2024 performance of larger rivals such as Estee Lauder and L’Oreal was hampered by muted demand from China, where a property crisis and high youth unemployment have curbed consumer spending.
Puig said sales in its core fragrance and fashion business grew by 21% in the holiday quarter.
Sales in the make-up division fell 7.2%, with its Charlotte Tilbury brand affected by a voluntary withdrawal of select batches of Airbrush Flawless Setting Spray in December over what Puig described as “an isolated quality issue in a limited number of batches” detected during routine product testing.